Tex. Fin. Code § 66.052 · Subchapter B. EXAMINATIONS
ADDITIONAL EXAMINATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner at the association's cost shall conduct an additional examination or audit or devote extraordinary attention to an association's affairs if the commissioner determines that the condition of the association makes it necessary or expedient to do so.
(b) A copy of the report of an examination or audit conducted under this section shall be furnished promptly to the association. The report shall be:
(1) presented to the board of the association at its next regular meeting or at a special meeting called for purposes of permitting the presentation of the report; and
(2) noted in the minutes of the meeting.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.66.htm
- Text hash
- sha256 732f3256ce7cb1ba2729a1f3cf72f261317db7ab966e64dce0d20f07437a6b37
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.